Question: For 2 0 1 9 , Grippy buys 2 5 0 comma 0 0 0 pencil packs at an average cost of $ 4 per

For 2019, Grippy buys 250 comma 000 pencil packs at an average cost of $ 4 per pack and sells them to retailers at an average price of $ 10 per pack. Assume Grippy has no fixed costs and no inventories.

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